Iain Boyd - Feb 2, 2023 Form 4 Insider Report for Snap-on Inc (SNA)

Signature
/s/ Ryan S. Lovitz under Power of Attorney for Iain Boyd
Stock symbol
SNA
Transactions as of
Feb 2, 2023
Transactions value $
-$1,643,735
Form type
4
Date filed
2/3/2023, 04:54 PM
Previous filing
Nov 22, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $1.05M +6.76K +108.24% $155.92 13K Feb 2, 2023 Direct F1, F2
transaction SNA Common Stock Options Exercise $994K +6.4K +49.18% $155.34 19.4K Feb 2, 2023 Direct F1
transaction SNA Common Stock Sale -$3.41M -13.2K -67.81% $259.08 6.25K Feb 2, 2023 Direct F1, F3
transaction SNA Common Stock Options Exercise $427K +2.74K +43.78% $155.92 8.98K Feb 3, 2023 Direct F1
transaction SNA Common Stock Sale -$709K -2.74K -30.45% $259.01 6.25K Feb 3, 2023 Direct F1, F4
holding SNA Common Stock 660 Feb 2, 2023 By 401(k) Plan F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNA Stock Option (Right to Buy) Options Exercise -6.76K -71.2% 2.74K Feb 2, 2023 Common Stock 6.76K $155.92 Direct F1, F6, F7
transaction SNA Stock Option (Right to Buy) Options Exercise -6.4K -66.67% 3.2K Feb 2, 2023 Common Stock 6.4K $155.34 Direct F1, F7, F8
transaction SNA Stock Option (Right to Buy) Options Exercise -2.74K -100% 0 Feb 3, 2023 Common Stock 2.74K $155.92 Direct F1, F6, F7
holding SNA Stock Option (Right to Buy) 13.5K Feb 2, 2023 Common Stock 13.5K $168.70 Direct F6
holding SNA Stock Option (Right to Buy) 10.3K Feb 2, 2023 Common Stock 10.3K $161.18 Direct F6
holding SNA Stock Option (Right to Buy) 6.04K Feb 2, 2023 Common Stock 6.04K $189.89 Direct F8
holding SNA Stock Option (Right to Buy) 4.67K Feb 2, 2023 Common Stock 4.67K $211.67 Direct F8
holding SNA Restricted Stock Units 942 Feb 2, 2023 Common Stock 942 Direct F9, F10
holding SNA Restricted Stock Units 799 Feb 2, 2023 Common Stock 799 Direct F9, F10
holding SNA Performance Units 1.22K Feb 2, 2023 Common Stock 1.22K Direct F9, F11
holding SNA Performance Units 1.89K Feb 2, 2023 Common Stock 1.89K Direct F9, F12
holding SNA Performance Units 1.6K Feb 2, 2023 Common Stock 1.6K Direct F9, F13
holding SNA Deferred Stock Units 372 Feb 2, 2023 Common Stock 372 Direct F5, F9, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
F2 Includes 4.5259 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $259.00 to $259.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F4 This transaction was executed in multiple trades at prices ranging from $259.00 to $259.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F5 This information is based on a plan statement dated December 31, 2022.
F6 Option fully vested.
F7 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
F8 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F9 1 for 1.
F10 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F11 If the Company achieves certain goals over the 2020-2022 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F12 If the Company achieves certain goals over the 2021-2023 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F13 If the Company achieves certain goals over the 2022-2024 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F14 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.